Google to invest $15 billion in Andhra Pradesh, India over 5 years for an AI hub, making it the largest investment outside of the US. The 1-gigawatt data centre in Visakhapatnam will help meet the demand for AI services. Microsoft and Amazon have also invested in India's digital infrastructure. This move is seen as a strategic advantage in the era of data being the new oil.
Doug Lebda, founder of LendingTree, passed away at 55 due to an accident. Scott Peyree will take over as his successor. Lebda was a compassionate and curious visionary who made friends easily. He was involved in politics and was a respected entrepreneur who taught an entrepreneurship class. He will be remembered as a true friend and great leader in the financial services industry.
As world leaders gathered in Egypt’s Sharm el-Sheikh for the Gaza peace summit, a light exchange between Turkish President Recep Tayyip Erdogan and Italian Prime Minister Giorgia Meloni stole the spotlight.
HCLTech's Q2 results featured a $100 million AI revenue, large deal wins, and reduced reliance on H-1B visas. Nomura predicts the company will surpass its 3-5% FY26 revenue growth guidance. Other highlights include a 5.9% growth projection, improved EBIT margins, $100 million in AI revenue, and two large closed deals.
Reliance Industries will release its Q2 results on October 17, with experts expecting good YoY growth but a softer QoQ increase in revenue and profit. The results will be available on regulatory filings, NSE, BSE, and financialexpress.com. In the last quarter, the company reported a net profit of Rs 26,944 crore, with a significant gain from the sale of a stake in Asian Paints.
Haryana government appoints OP Singh as acting DGP after suicide of IPS officer Y Puran Kumar, who named Shatrujeet Singh Kapoor in suicide note. Kapoor sent on leave amid mounting pressure from opposition and citizens. SIT investigating case. Rahul Gandhi offers condolences to Kumar's family. OP Singh is the brother-in-law of late actor Sushant Singh Rajput.
Indian MBBS student Rahul Ghosaliya, from Jaipur, Rajasthan, is in critical condition in Kazakhstan and has been on a ventilator for over a week. Support groups are calling for aid from the Indian Government, while the Indian Embassy is closely monitoring his condition and has recommended transferring him to a Neurology Hospital.
KEC International's share price rose by 4% after securing new orders worth Rs 1,174 crore for Transmission & Distribution projects in India and the Middle East. The company's MD & CEO, Vimal Kejriwal, stated that these orders will drive their targeted growth. In Q1 FY26, KEC International reported a net profit of Rs 124.60 crore, an increase of 42.26% YoY.
Taylor Swift, the wealthiest female artist, is making waves with her new album 'Life of A Showgirl' and her engagement to Travis Kelce. She also announced the release of her record-breaking global concert, Eras Tour, in a docuseries called 'The Eras Tour | The Final Show'. The series will be streaming on JioHotstar in December.
A 23-year-old Hindu student from Nepal, Bipin Joshi, was taken hostage by Hamas terrorists during a deadly attack while on an agriculture internship in Israel. Known for his heroic act on the day of the attack, his remains were handed over to his family after two years.
A huge chunk of a road near Bilkhiriya village on the Bhopal Eastern Bypass collapsed on Monday afternoon. It resulted in a crater nearly 30 feet deep and over 100 meters wide. The incident occurred between 12 noon and 1 pm, near the bridge connecting Mandideep to Intkhedi.
Satyajit Shergill, nephew of Amrita Shergill and a renowned artist, passed away at 90. His Bhog and Antim Ardas will be held on October 14. He was deeply inspired by his aunt and developed his own style of abstract painting. Despite coming from a family of distilleries, he pursued his passion for art and was known for his love for reading.
California Governor Gavin Newsom vetoed SB 509, a bill introduced by Senator Anna Caballero that aimed to enhance the state's response to transnational repression. The bill faced opposition from Hindu and Indian-American communities, while some from the Sikh community saw it as a protection against political violence allegedly orchestrated by India.
Tata Motors' stock dropped by 40% in one hour, alarming investors. However, this was due to a technical adjustment caused by the company's demerger on October 14. The split will create two independent companies, but it does not result in any actual loss for shareholders. This is a standard practice and not a cause for concern.
London-based infrastructure investor Actis, which has already deployed over $2 billion in India, is now exploring ways to double its investments in the country in the next three to four years.
KEC International, a global infrastructure EPC major, has received new orders worth Rs 1,174 crore for T&D projects in India and the Middle East. The company has secured major contracts in India and Saudi Arabia, focusing on private developers and the Middle East market. With these new orders, KEC's YTD order intake has reached Rs 14,000 crore.
Hollywood actor Andy Samberg, previously known as David, revealed in a resurfaced TikTok video that he changed his name at the age of 5. In a 2016 interview, he shared that his mother was open-minded enough to change it. The Internet was surprised by this revelation, with some believing that Andy was a better fit for the actor.
Savitri Jindal, the matriarch of the OP Jindal Group, has officially joined the billionaire club with a net worth of Rs 3.5 lakh crore. She is the third richest person in India, behind only Mukesh Ambani and Gautam Adani. The Jindal Group, which spans industries such as steel, power, cement, and infrastructure, is now run by her four sons. Savitri Jindal's real estate portfolio, including
Tata Motors shareholders are marking an important day as the record date for the company's demerger is today. The new entity, TMLCV will be listing on both BSE and NSE. Shareholders will receive one equity share in TMLCV for every one share of Tata Motors held on the record date, affecting the price of Tata Motors' ex-CV.
Motilal Oswal gives a 'Buy' rating and Rs 1,800 target price for LG Electronics India, predicting a 58% stock value increase in 12 months. Strong market position, premiumisation and localisation strategies, and a wide distribution network make it well-equipped to capitalise on growth in the Indian consumer durables market.
The Indian stock market started positively, following global cues and improved India-U.S. trade relations. Sensex and Nifty saw slight gains, while Nifty Bank opened lower. President Trump's hint at reducing tariffs on China has boosted investor sentiment. Key factors to watch out for are top gainers, laggards, and technical outlook for a volatile session
As the US government shutdown looks likely to enter a third straight week, reports say nearly 750,000 federal employees have been furloughed.
HCLTech's Q2FY26 results showed a 5% sequential rise in consolidated revenue to Rs 31,942 crore, along with an 11% year-on-year increase. Brokerages have shared their views on the stock, with Nomura staying bullish with a 'Buy' rating and 11% upside potential, while Nuvama has a Hold rating.
Carrie Elizabeth Romney, sister-in-law of former Senator Mitt Romney, was found dead in Los Angeles at the age of 64. Officials are unsure if she jumped or fell from a building near a shopping mall and hotel. The cause of death is still undetermined, pending toxicology tests. No foul play is suspected.
Alec Baldwin, already having faced controversy for his involvement in the Rust movie shooting, crashed his wife's white Range Rover into a tree in the Hamptons. He explained the incident on Instagram, claiming a garbage truck cut in front of him. Photos show the damaged car and the Baldwin brothers standing outside.
"Kantara Chapter 1, the Rishab Shetty period action-thriller, has crossed the Rs 500 crore mark worldwide in just 12 days. Despite a weekday slump, the film has broken all records held by Indian films in 2025. With strong female leads and a reversal of traditional gender roles, it continues to dominate the box office, second only to Vicky Kaushal's Chhaava."
Bollywood lyricist and writer Javed Akhtar has openly criticised the reception given to Afghanistan’s Foreign Minister in Uttar Pradesh. On Monday, he took to X to express his dismay over the warm welcome given to Amir Khan Muttaqi, questioning why a representative of a group widely condemned for terrorism was being honoured in India.
Former Biden advisor praises California Governor for vetoing controversial bill targeting Hindus and Indians, recognizing Diwali as a statewide holiday. The bill was opposed by various groups for its vague terminology and potential to harm immigrant communities. Governor Newsom stated that the issue should be addressed through administrative action and was praised for his decision.
During the Sharm el-Sheikh Peace Summit in Egypt, US President Donald Trump publicly thanked Pakistan’s Prime Minister Shehbaz Sharif and Pakistan’s field marshal Asim Munir for their role in bringing peace to Gaza.
PM Modi hailed the release of 20 Israeli hostages held by Hamas for over two years and showed support towards Trump's efforts for peace in the region. MEA said it supports the Gaza ceasefire agreement and reaffirms its commitment to peace and stability in the Middle East.
Indian officials will visit the US to finalize a trade agreement by November-end. The talks were paused due to US tariffs, but have since resumed. Both sides are working towards reducing tariffs and increasing investments. The deal is crucial for Indian exporters, as trade between the two countries reached $212.3 billion in 2024.
The government has launched the PM GatiShakti platform to provide private sector access to non-sensitive datasets for infrastructure planning and investment decisions. It also includes a new digital platform, PM GatiShakti - Offshore, to support India's Blue Economy and green energy transition. This platform integrates data from multiple ministries and departments for informed decision-making.
Gautam Solar, a solar module maker, is expanding its business by entering the EPC sector and developing in-house solutions. It also plans to backward integrate through a solar cell manufacturing facility to enhance supply chain efficiency and ensure consistent quality. The company aims to reach a capacity of 5 GW by 2025 and raise funds through internal accruals and an IPO.
The Bombay High Court has made changes to its interim order in the Kirloskar trademark dispute, including the phrase "or licensing". This came after an application by Kirloskar Brothers (KBL) to correct the original order. The dispute involves the usage of the "Kirloskar" trademark between Atul and Rahul Kirloskar of KPL and Sanjay Kirloskar of KBL.
Sebi issues new rules for listed companies to provide minimum information for approval of related party transactions, including explaining the benefits for the company and disclosing any loans or investments involved. The regulator received requests for relaxation from the Industry Standards Forum.
Civil Aviation Minister Rammohan Naidu Kinjarapu launched Alliance Air's "Fair Se Fursat" scheme to reduce volatility in flight ticket prices. The fixed fare system will be implemented on select routes from October 13 to December 31, aiming to make air travel more accessible and affordable. It will also provide predictability for last-minute bookings, aligning with the government's aviation goals.
CEA plans to evacuate 76 GW of hydroelectric capacity from the Brahmaputra basin by 2047, with a total of 69.13 GW potential from 224 projects. The project is divided into two phases, costing Rs 1.91 trillion and Rs 4.52 trillion respectively. The plan includes projects by central public sector companies and requires addition of 31,397 ckm transmission lines and 109,935 MVA+MW capacity.
The Indian government is amending the Companies Act to promote the growth of multidisciplinary partnership firms, allowing professionals like CAs and company secretaries to offer both regulated and unregulated services. This aims to create firms that can rival the Big Four and provide all services under one roof.
HCLTech's headcount increased by 3,489 employees in the September quarter, with 5,196 freshers hired. Despite layoffs, the company achieved its hiring target and is focusing on building AI capabilities. TCS reported a decline in employees due to restructuring and high attrition rates.
HCLTech's net profit increased by 10.2% due to operational restructuring and demand for AI solutions. Revenue grew by 5.2% and the company maintained its full-year revenue growth guidance. Advanced AI revenues exceeded $100 million and bookings reached a record high of $2.5 billion. Europe and financial services drove growth, while manufacturing and life sciences saw declines.
Emirates NBD, the second-largest bank in UAE, is in talks to acquire a controlling stake in RBL Bank, which does not have a promoter group and is fully owned by public shareholders. The deal, which could happen through a preferential share issue, would trigger a mandatory open offer and require RBI approval.
The RBI has taken steps to boost cross border trade by permitting Indian banks to lend in Rupees to residents of Bhutan, Nepal, and Sri Lanka. This change, made under the Foreign Exchange Management Act, aims to enhance external trade and payments.
ONGC aims to lower oil production costs by 15% and save Rs 9,000 crore by 2026-27. A cost council has been established and initiatives like offshore resource optimization and improved drilling efficiency are being taken. The company plans to increase oil production by 44% and gas production by 89% in the next decade, with the help of technical service provider BP.
Tata Capital's IPO raised ₹15,511 crore, despite ongoing boardroom issues at Tata Group and Tata Sons. The stock closed over 1% higher on its debut, with executives expressing confidence in future growth. Top officials, including Tata Sons chairman N Chandrasekaran, attended the listing ceremony.
India and the EU are making headway in their FTA discussions, with agriculture being a major area of progress. However, negotiations on automobiles, steel, and non-tariff barriers are moving slowly. Both sides hope to finalize the deal by the end of the year, but issues like safeguard duties and carbon taxes are creating obstacles.
The Renault Triber, India's only sub-4 metre MPV, has been updated with a new facelift model in 2025. It features a new front fascia, upgraded cabin with an 8-inch touchscreen, and practical features like sliding and reclining seats. While the driving performance is average, it offers good fuel efficiency in city traffic. Its unique modular seating and small size make it a practical choice.
Retail food inflation in India remained negative for the fourth month in a row, dropping by 2.28% in September. This was driven by lower prices of vegetables, cereals, pulses, meat, eggs, and spices. The consumer food price index also decreased by 0.49%, but edible oil and fruit inflation remained high due to global prices and a weaker rupee.
DMart, a leading grocery retailer in India, has shifted its online focus from smaller cities to larger urban markets due to increasing competition from quick-commerce platforms. In the September quarter, DMart Ready exited five cities and plans to continue this approach to meet the demand in high-demand areas.
India is dedicated to implementing "voluntary high-level principles" for disaster risk reduction through innovative and inclusive financing. The country has a multi-agency architecture and a national Disaster Risk Index to prioritize and allocate funds. India also highlighted early warning systems and its shift towards a risk-informed paradigm.
Zoho Corp's founder, Sridhar Vembu, shared that the Indian government's switch to Zoho's mailing system was a result of a thorough evaluation process. He emphasized the importance of investing in local technologies to decrease reliance on foreign systems that can be exploited.